May 6th Highlights;

1. The U.S. CFTC plans to participate as an observer in several industry tokenization pilot projects.

2. Trump's two cryptocurrency dinners in May raise concerns about conflicts of interest, including a dinner for major supporters of the official TRUMP memecoin and a "Cryptocurrency and AI Innovators Dinner" organized by MAGA Inc.

3. U.S. House Republicans release draft for cryptocurrency regulation, intending to clarify the roles of the SEC and CFTC.

4. U.S. Treasury Secretary Yellen: The U.S. must win in artificial intelligence and quantum technology, as China is catching up.

5. Bernstein predicts that investments in Bitcoin treasuries by publicly traded companies will reach $33 billion over the next five years.